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Iron Gate, Derby

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Central Derby Cathedral Quarter location
  • Modern fitted kitchenette
  • Built-in storage and workspace
  • Stylish shower room
  • Perfect investment opportunity
  • Sold with Tenants In Situ

Description

Welcome to Iron Gate — a well-presented studio apartment situated in the heart of Derby’s historic Cathedral Quarter. Perfectly located for city living, this property offers an excellent investment opportunity with a proven rental track record.

The apartment is designed for ease and practicality, with a versatile open-plan layout that incorporates living, dining, sleeping, and kitchen areas within a bright and functional space. Two side-facing double glazed windows allow natural light to flow through, complemented by an electric radiator for warmth.

The modern kitchenette is neatly fitted with a range of grey wall and base units, wood-effect rolled edge work surfaces, an inset sink, integrated oven with hob and extractor, and an integrated fridge freezer. Built-in features, including a wardrobe, desk, and drawers, add valuable storage and enhance the usability of the space.

The bathroom is compact yet stylish, fitted with a shower cubicle housing an electric shower, wash hand basin, and WC.

Set within one of Derby’s most sought-after city centre locations, the property places you within walking distance of shops, restaurants, cultural attractions, and excellent transport links. Adding to its appeal as an investment, the apartment is currently tenanted by a working professional on a 12-month agreement and has consistently been rented to professional tenants for the past two years, generating a strong 8% return on investment. With its straightforward layout, desirable location, and established rental history, this studio represents an attractive, low-maintenance property with excellent city centre appeal.

Studio

4.27m max x 3.99m max

Open-plan living space with two side-facing double glazed windows, electric radiator, built-in wardrobe, desk and drawers. Fitted kitchenette comprising wall and base units with grey doors, wood-effect rolled edge work surfaces, inset sink, integrated oven, hob with extractor, and integrated fridge freezer.

Shower Room

1.67m x 1.47m

Fitted with shower cubicle housing electric shower, wash hand basin, WC, tiled splashbacks, extractor fan, and ceiling light.

Disclaimer

haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.



haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Brochures

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COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Iron Gate, Derby

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About haart, Derby

24-25 Cornmarket, Derby, DE1 2DP
Industry affiliations:

haart of Derby

showcase™ and equitymaximiser™ are the power couple that combine two proven methods to create demand for your property, attract serious buyers and help secure the right price. It's that simple.

At haart of Derby, we take a different approach. Rather than rushing straight to the open market, we prepare every detail for maximum impact.

Our showcase™ strategy follows a 15-step phased launch over two weeks, carefully building momentum before your home goes live. Every stage is designed to lead to the key moment, the Launch Event, when motivated buyers are invited to view your home.

By building early interest and bringing buyers together at the Launch Event, we create the kind of momentum that helps buyers feel confident about making their best offer.

That's when equitymaximiser™ comes into play, guiding the negotiation process and ensuring every offer is handled carefully and professionally, helping both buyers and sellers move forward with confidence.

The result? More serious buyers, stronger offers, and the best outcome for your home.

Ask about showcase™ and equitymaximiser™ and unlock your home’s true value.

haart introduce to Just Mortgages which is a trading name of Just Mortgages Direct Limited which is an appointed representative of Openwork Ltd who are authorised and regulated by the Financial Conduct Authority.

Affordability

Monthly repayments£301
Property: £ 60,000
Deposit: £ 6,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 0133_HRT013327173. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by haart, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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